ADVERTISEMENT
GST Anti-Evasion Unit Goes After Car Dealers For Retrospective Tax
GST intelligence arm under scrutiny for demanding tax from car dealers on discounts received from manufacturers.
07 May 2019, 01:17 PM IST
The government has questioned the goods and services tax anti-evasion unit for demanding retrospective tax from automobile dealers on discounts received from manufacturers to boost sales, according to a person aware of the development.The Central Board of Indirect Tax Customs considers such transactions as a discount and not a service, the person told BloombergQuint on the condition of anonymity.The Mumbai team of the Directorate Gen...
I’m already a Subscriber Sign In
To continue reading this story
Subscribe to unlock & enjoy all Members-only benefits
Choose a plan
Renews automatically. Cancel anytime.
As a Subscriber you get
Full Access to
NDTV Profit App
Exclusives
Premium Stories
Access to
Stories
Curated
Newsletters
20,000+
Research Reports
Priority Pass
to Special Events
Ad-Free
Experience
Members-Only
Rewards
Still Not convinced ? Know More
Get live Stock market updates, Business news, Today’s latest news, Trending stories, and Videos on NDTV Profit.
ADVERTISEMENT